Mid Sukhumvit Italian Restaurant

Mid Sukhumvit Italian Restaurant

Location: Bangkok

Listing ID# BKK13857

Price: 2,200,000THB

BUSINESS SUMMARY

Benefitting from a high profile location in the lower Sukhumvit area of Bangkok, this Restaurant has been providing a popular Mediterranean based menu for the last 18 months. The restaurant sits on the ground floor of a modern building, but also has a mezzanine level for diners; total floor space of approximately 160 square metres therefore provides seating for 42 customers. A highly experienced European chef is in place and he has designed a menu that consists of popular favourites and unique creations that have brought critical acclaim. Monthly rent of 40,000 baht is applicable, and staff salaries total 48,000 baht per month for four full time employees. A three year lease contract with a renewal option for a further three years is in effect, but annual key money of 300,000 baht is a requirement. The owner spent around 400,000 baht on assets and leasehold improvements when the business opened, but he is now looking to move on so that he can concentrate on his core business interest. Fully audited accounts will be provided for potential investors to peruse.

www.sunbeltlegaladvisors.com

26th Floor Fortune Town BR, 1 Ratchadapisek Rd, 10400 Bangkok

Tel: 02-642-0213 Fax: 02-641-1995

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